Lender-Abandoned, Non-REO Foreclosures
Consider this troubling question: Do mortgage lenders have any obligation to take over a property that has defaulted on its mortgage? The...
More on Federal Withholding Taxes
Yesterday, I referenced Matt Trivisonno’s chart on federal withholding taxes in order to defenestrate some wildly inaccurate...
Merrill Lynch: Per Capita Recession Began in Q4
Merrill Lynch North American Chief Economist David Rosenberg points out a simple but overlooked fact about economic growth: The US...
Ghriskey of Solaris: Stocks in `Bottoming Process’: Video
Quote of the Day: Bill Gross on Credit Markets
Bill Gross on the current credit situation: "In my opinion, the private credit markets have forfeited their privileged right to...
The Bet: Gold=$1,650 by 2011; The Wager $1M
My S. African pal Prieur du Plessis informs us of this interesting wager from Jim Sinclair: A $1 million wager for the price of...
Today’s Infoporn: Follow the Money in Global Dealmaking
NYT’s special Dealbook section today had a deliciously giant graphic on the global path money takes in today’s deal...
Bernanke: Economy Slowing, GDP Flat in 1H ’08
Fed Chair Bernanke is testifying in front of the Joint Economic Committee on The economic outlook for the US. Key takeaways:...
TrimTabs: Its a Recession, and Its Already Over (Wrong)
This one is no April Fools joke: According to TrimTabs, the economy has been in a recession for six months now. And, it has already...